Uber Technologies Inc confirmed on Wednesday that it had temporarily shut down its autonomous vehicle program following the fatal crash with one of its cars two months ago.
The US Secretary of State Mike Pompeo explained on Wednesday that the US would not continue nuclear talks with North Korea if ‘the right deal is not on the table'.
In its economic policy recommendations, the European Commission noted that Italy should reduce its heavy public debt in order not to cause significant risk for the Euro area.
According to the Federal Reserve meeting minutes, most policymakers support another interest rate hike in case the US economic outlook remains unchanged.
On Wednesday, Chief Executive Officer of General Electric Co John Flannery stated that a company cannot guarantee 2019 dividend because the capital and power units are still being fixed.
On Wednesday, the Foreign Minister of Germany Heiko Maas claimed that European countries plan to stay united to stick to 2015 Iran nuclear agreement despite the decision of the US to exit the deal.
On Wednesday, The World Bank reported that it has lowered the economic growth forecast of Russia for 2018 from 1.7% to 1.5%, warning about the economic stagnation of Russia in the nearest years.
A spokeswoman of Russian Foreign Ministry Maria Zakharova claimed that the Foreign Minister of Russia Sergei Lavrov is planning to visit North Korea on May 31 before the US-North Korean summit in Singapore.
Duetsche Bank was planning to cut 10K positions, or nearly a one-tenth of its total workforce, within the effort to diminish costs, The Wall Street Journal stated.
Sales of new single-family homes in the US fell less than anticipated in April due to an increase in transactions in Northeast and South, while data for the previous three months was revised down.
On Wednesday, shares of Cara Therapeutics soared more than 20%, as it had signed a licensing deal with Vitor Fresenius that could provide the US drug maker with up to $470M in milestone payments.
Royal Air Maroc and Alitalia have clinched a code sharing accord to bolster air links to 29 from the current seven between Morocco and Italy, RAM stated on Wednesday.
China's Qumei Home Furnishing has made an all-cash proposal for the Oslo-based furniture maker on Tuesday, valuing the Norwegian company at $630.75M, both firms confirmed in a joint statement.
Bain Capital Credit has won a $1.06B rescue deal of the Italian engineering firm Trevi, as the company is deeply mired in debt, which became a reason for a sale.
On Wednesday, Comcast confirmed it is getting ready to make an offer for the 21st Century Fox's businesses, which Fox had already agreed to sell to the entertainment giant Walt Disney.
Nissan and Renault are revising their carmaker alliance's ownership structure, but their merger into the single listed company is highly unlikely in the following two years, the CEO Carlos Ghosn stated on Wednesday.
IBM has announced about its plans over new hiring in France, ahead of the Microsoft and IBM CEOs' meeting with the President Emmanuel Macron.
On Wednesday, Malaysia's Transport Minister Anthony Loke stated that the search for Malaysia Airlines flight MH370 that went mysteriously missing in 2014 should end next week.
Tesla had to cut up to $14K off Model X in China, following Beijing's announcement about major tariff trims for imported vehicles.
The Chinese port operators Dandong Port Group reported on Wednesday that its assets worth $422.87M had been frozen due to a securities dispute.
According to a recent poll by Reuters, the industrial production in Singapore likely expanded by 8.3% year-on-year in April, boosted by a rise in pharmaceuticals output.
On Tuesday, Yelp announced it had resumed its EU antitrust complaint against Google, as it sought to receive traction on an accusation that Google unfairly pushes its own services in the results.
On Wednesday, shares of Australia's SeaLink Travel surged 12.3% following its rejection of a takeover bid worth $363.64M from an undisclosed potential buyer, the firm confirmed.
On Wednesday, Australia's SeaLink Travel confirmed it had rejected an unsolicited takeover offer for the company worth $363.64M from an undisclosed potential buyer.